Permanent Magnets Mumbai Development Engineer Salaries by 20+ Employees (Updated 2025)

2 - 9 years exp.

₹2.1 Lakhs - ₹8 Lakhs

Salary of majority employees

At par with the average Development Engineer Salary in Metals & Mining Companies for 2 - 9 years of experience

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Salaries in different departments

Research & Development Development Engineer Salary 2 - 7 years exp. (11 salaries)	₹2.1 L/yr - ₹5.5 L/yr
Engineering - Software & QA Development Engineer Salary 3 - 6 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
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Production, Manufacturing & Engineering Development Engineer Salary 2 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr
Project & Program Management Development Engineer Salary 3 - 9 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr
Quality Assurance Development Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.2 L/yr

Last Updated: 24 Jan 2025

Companies similar to Permanent Magnets for Development Engineer in Mumbai

Permanent Magnets Development Engineer Salary

2 - 9 years exp. (24 salaries)

₹2.1 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Hamilton Housewares Development Engineer Salary 3 - 12 years exp. (9 salaries)	₹3.1 L/yr - ₹7 L/yr 9% more
Reserve Bank Information Technology Development Engineer Salary 0 - 5 years exp. (9 salaries)	₹4 L/yr - ₹8 L/yr 22% more
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TCS Development Engineer Salary 1 - 4 years exp. (7 salaries)	₹2.8 L/yr - ₹6.7 L/yr 3% less	1 job opening
Tritek Micro Controls Development Engineer Salary 1 - 6 years exp. (5 salaries)	₹1.8 L/yr - ₹3.6 L/yr 40% less
Piano Presitel Development Engineer Salary 1 - 2 years exp. (4 salaries)	₹1 L/yr - ₹2.4 L/yr 57% less

Development Engineer salary at Permanent Magnets ranges between ₹2.1 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 24 latest salaries received from various employees of Permanent Magnets.

Experience wise Permanent Magnets Development Engineer salaries in Mumbai

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.5 L/yr - ₹3.8 L/yr
3 years (6 salaries)	₹2 L/yr - ₹7.3 L/yr
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4 years (4 salaries)	₹2 L/yr - ₹8 L/yr
5 years (3 salaries)	₹3 L/yr - ₹8.7 L/yr
6 years (4 salaries)	₹4 L/yr - ₹5.5 L/yr
7 years (3 salaries)	₹5 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8 L/yr

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Similar Designation salaries in Permanent Magnets

Production Engineer Salary

(18 salaries)

₹2.24 L/yr - ₹6 L/yr

Quality Engineer Salary

(8 salaries)

₹2.75 L/yr - ₹5.08 L/yr

Product Development Engineer Salary

(5 salaries)

₹3 L/yr - ₹6.4 L/yr

Senior Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Salary related reviews for Permanent Magnets

Business Development Engineer in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 06 Jan 2025

2.0

for Salary and Benefits

Likes

staff is supportive, paid leaves.. if boss is good. Work culture also good. Stressless work Timing.

Job security - Excellent

+1 more

Dislikes

Leave compensation 300rs for everyone, HR policy very bad, less basic in salary structure as break Indian Pvt company policy also. Salary as per market like bagger. Bad mgmt policy which take advantage of human sychology of worker. Promotion only 8to10%

Salary - Poor

+1 more

R&D Engineer in Thane

Full Time

Research & Development Department

4.0

• posted on 06 Jan 2025

3.0

for Salary and Benefits

Likes

Best company for learning new skills and work ethics. Salary and promotions might not be very good but company culture is very good. Yoh will get to learn a lot as this company does almost all of its projects in house. If you are at the early stage of your career then just go for it.

Skill development - Excellent

+4 more

Dislikes

Salary and promotions might not be very good.

Senior Engineer Marketing in Mira Bhayandar

Full Time

Marketing & Communication Department

4.0

• posted on 21 Apr 2023

3.0

for Salary and Benefits

Likes

1. On time salary 2. Good team and senior support 3. Mediclaim facilities 4. Transportation services 5. Good learning opportunities(interpersonal skill development) 6. Getting lot of new opportunities.

Skill development - Excellent

+3 more

Dislikes

1. Salary 2. Appraisals

HR Manager in Miraroad

HR Department

5.0

• posted on 22 Dec 2021

5.0

for Salary and Benefits

Likes

...here. For performers, the job is always secured at Permanent Magnets Limited. No employee lost his job in this pandemic or had a pay cut. Traveling reimbursement was completely taken care of during the pandemic.

Salary - Excellent

+6 more

Dislikes

Nil

Telephone Operator And Receptionist in Mira Bhayandar

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 12 Oct 2023

4.0

for Salary and Benefits

Likes

I have been working at this company since past 10 years and its fantastic journey so far.The positive working culture,supportive staff,and excellent environment.its a great place to work. We get lots of benefits of being part of this company is like PF ,Medical insurance ,travelling facilities. In addition we enjoyed yearly picnic ,get together-party and many more small event . The company prioritizes the well being and happiness of its employees.

Salary - Good

+5 more

Dislikes

There is no such a perfect company as well as employee itself to fulfill each others countless choices ,but we have to select some most important criteria when selecting of the company that we choose for work.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Permanent Magnets Development Engineer Salary FAQs

What is the salary of Development Engineer at Permanent Magnets Mumbai?

Development Engineer salary at Permanent Magnets in Mumbai ranges between ₹2.1 Lakhs to ₹8.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 1% less than the average Development Engineer Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Permanent Magnets Mumbai.

How does the salary of a Development Engineer at Permanent Magnets Mumbai compare with the average salary range for this job?

The average salary of a Development Engineer at Permanent Magnets is 1% less than the average salary of a Development Engineer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Permanent Magnets to a Development Engineer in Mumbai?

Reserve Bank Information Technology Development Engineer Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Hamilton Housewares Development Engineer Salary - ₹3.1 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Development Engineer in companies similar to Permanent Magnets in Mumbai?

TCS Development Engineer Salary - ₹2.8 Lakhs to ₹6.7 Lakhs per year
Tritek Micro Controls Development Engineer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
Piano Presitel Development Engineer Salary - ₹1.0 Lakhs to ₹2.4 Lakhs per year

What is the estimated take home salary of a Development Engineer at Permanent Magnets in Mumbai?

The estimated take-home salary of a Development Engineer at Permanent Magnets ranges between ₹34,531 per month to ₹35,778 per month in Mumbai. The take-home salary calculation is based on the average Permanent Magnets Development Engineer salary in India which ranges between ₹2.1 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Development Engineer at Permanent Magnets in Mumbai?

According to AmbitionBox, 85% of the Permanent Magnets Development Engineers in Mumbai reported a notice period of 1 Month, 15% reported a notice period of 15 days or less.This is based on 13 responses on AmbitionBox in last 2 years.

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Permanent Magnets Development Engineer Salaries in Mumbai

Permanent Magnets Development Engineer salary in Mumbai ranges between ₹2.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Permanent Magnets latest salaries received from various employees of Permanent Magnets.